Chinas top two refiners -- China Petroleum and Chemical Corp, or Sinopec, and PetroChina -- plan to skip gasoil exports in August and likely in September as well, market sources said Friday. [Sinopec has] no gasoil exports [scheduled for] Q......【More】
2013-07-22Chinas largest offshore oil and gas industry player, CNOOC, signed a production sharing contract (PSC) with BP to jointly develop a deepwater block in the South China sea. The block, known as 54/11, is about 4,500 square kilometers in size......【More】
2013-07-19Three energy majors, Sinopec, Shell and Total said on Tuesday that they are going to build and operate a shared lubricants park in Tuas, situated in the southwestern part of Singapore. The facility will be built by Singapore Lube Park, a jo......【More】
2013-07-18China Development Bank (CDB) has disbursed $188 million to SINOPEC for Ghanas gas infrastructure project. The transfer was done by the bank last week, according to local reports in Ghana. SINOPEC is building the CDB funded Ghana gas plant a......【More】
2013-07-17Chinese state-owned trader Sinochem is seeking low sulfur crude for the commissioning phase of its 12 million mt/year (241,000 b/d) greenfield refinery in southern Chinas Fujian province, a source with the company said Thursday. The Yuan 30......【More】
2013-07-16China Petroleum and Chemical Corporation (Sinopec), Chinas largest integrated energy and chemical group, celebrated here on Thursday the opening of its first lubricant plant outside China. The Sinopec Lubricant (Singapore) Pte Ltd, located......【More】
2013-07-15PetroChina is putting its coalbed methane (CBM) drilling on hold as complex geology and limited lifting technology have put a damper on the companys lofty production targets, noted RBC Capital Markets analyst Peter Hutton July 8. Plans to d......【More】
2013-07-12On Jun.28th, President Wang Tianpu of SINOPEC Group and Vice Chairman Ja Young KOO of SK signed the joint venture contract of Wuhan ethylene project at Diaoyutai State Guesthouse in Beijing. Minister of Industry, Trade Resources of South Ko......【More】
2013-07-11China Erzhong Heavy Industry Company has developed the worlds biggest hydraulic press, an 800 mega newton closed-die hydraulic forging machine that is bigger than any other previously built. Erzhong is working closely with Shell Lubricants......【More】
2013-07-10China Petroleum Chemical Corporation, or Sinopec Corp., has proposed to build an ethylene plant in Qingdao, located in East Chinas Shandong province. The proposal is for setting up 1 million tons per year ethylene complex at a cost of 18.79......【More】
2013-07-09